XRP ETFs have maintained strong momentum since the beginning of the year. However, this week appears to be performing much better, as data from SosoValue shows it recorded its highest weekly inflow so far this year.
The data shows that the U.S. XRP Spot ETFs have seen combined inflows of $55.71 million over the past week. As a result of this performance, the total net assets held across all funds now amount to a whopping $1.51 billion.
XRP Latest capital inflows from ETFs are expected to be $17 million.
While strong demand is seen this week, XRP The ETF recorded inflows of $17.06 million in the last session. Notably, this resulted in cumulative net inflows reaching a huge $1.27 billion.
With impressive activities seen around the world, XRPInfluenced by underlying investment funds, institutional investors appear to have remained resilient despite the mixed price movements seen in the market. XRP For a week.
Additionally, it’s important to note that trading activity across ETFs remains impressive. Total amount traded XRP As of January 15, spot ETFs had nearly $22 million in value.
As such, market participation appears to have remained consistent despite a slight decline in prices for most of the listed stocks. XRP ETF.
canary XRP cut off the positive flow
Although the scope is wider, XRP The ETF ecosystem paints a positive picture. canary XRP The ETF did not follow this trend, as it recorded outflows of $659,000 on the day.
Regardless, several funds stood out this week, with Bitwise and Grayscale posting the most impressive records.
In the last trading session, both funds posted daily net inflows of more than $7 million. This helped offset the small outflows seen in other funds such as Canary.
